ABSTRACT
This paper examined the effect ofInformation
Technology on the Performance ofBanks, A study ofDiamond Bank PLC Abia State.
The objectives -were to: describe the socioeconomic characteristics of the
employees in the Diamond Bank Nigeria Pic in Abia State, ascertain the effect
of information technology on the performance of Diamond Bank Nigeria Pic in
Abia State, find out the effect of information technology on the efficiency of
the Diamond Bank employees, identify factors mitigating the adoption of
information technology in Diamond Bank Pic. Primary and secondary sources were
used: The use ofquestionnaire was employed to gather necessary and relevant
datafrom the respondents. The methods were used in order to minimize the
problems associated with data collection and to ensure that the results are
visible and biasfree as expected. The data was analyzed .using inferential and
descriptive statistics. The descriptive ■ statistics involves frequency table,
likert scale while the hypotheses were tested using Analysis ofVariance
(ANOVA). The results ofthe findings show the f-statistics ofthere is effect of
61.7% (f=74) ofthe respondents are male, while 38.3% (f=46) are female. 46.6°/o
(f=56) ofthe respondents are between 21-30 years, 40.8°/o (f=49) are between
the ages of31-40 years, 10.8%> (f=13) are between the ages of41-50 years,
while 1.8°/o (f=2) are between 51-60 years, 51.6°/o (f=62) are single, 44.2°/o
(f=53) are married, 2.5 % (fi=03). 5.8% (f=07) attended secondary education,
55.8% (f-67) are diploma holders from various polytechnics, while 38.4%>
(f-46) are graduatesfrom various universities, Al P>0.01 level
ofsignificance, Information Technology have a strong positive effects on the
performance ofDiamond Bank Nigeria Pic in Abia State with correlation
coefficient of (r = 0.995), At P>0.01 level ofsignificance, Information
Technology have a strong positive effects on the efficiency of the Diamond Bank
employees in Abia State with correlation coefficient of (r = 0.917), Lack
ofInfrastructure with the mean score of (x = 3.9), Cost/LackofMaintenance with
the mean score of(x = 3.8), and Inadequate Fundingwith the mean score of(x -
3.6), are the majorfactors mitigating the adoption ofInformation Technology in
Diamond BankNigeria Pic, Abia State.
AMAJUOYI, N (2024). Effect of information technology on the performance of banks: a study of diamond bank nigeria plc, abia state:- Amajuoyi nathaniel N.. Repository.mouau.edu.ng: Retrieved Oct 12, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-information-technology-on-the-performance-of-banks-a-study-of-diamond-bank-nigeria-plc-abia-state-amajuoyi-nathaniel-n-7-2
N., AMAJUOYI. "Effect of information technology on the performance of banks: a study of diamond bank nigeria plc, abia state:- Amajuoyi nathaniel N." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 08 Apr. 2024, https://repository.mouau.edu.ng/work/view/effect-of-information-technology-on-the-performance-of-banks-a-study-of-diamond-bank-nigeria-plc-abia-state-amajuoyi-nathaniel-n-7-2. Accessed 12 Oct. 2024.
N., AMAJUOYI. "Effect of information technology on the performance of banks: a study of diamond bank nigeria plc, abia state:- Amajuoyi nathaniel N.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 08 Apr. 2024. Web. 12 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-information-technology-on-the-performance-of-banks-a-study-of-diamond-bank-nigeria-plc-abia-state-amajuoyi-nathaniel-n-7-2 >.
N., AMAJUOYI. "Effect of information technology on the performance of banks: a study of diamond bank nigeria plc, abia state:- Amajuoyi nathaniel N." Repository.mouau.edu.ng (2024). Accessed 12 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-information-technology-on-the-performance-of-banks-a-study-of-diamond-bank-nigeria-plc-abia-state-amajuoyi-nathaniel-n-7-2